Posts

Showing posts from March, 2015

Marketing Automation vs. Customer Relationship Management: What is the difference?

Image
The biggest barrier to adoption of marketing automation (MA) is a complete lack of understanding of what it is and what it does. That is also the single biggest barrier to effective use of customer relationship management (CRM) software.  The biggest barrier to adoption of marketing automation (MA) is a complete lack of understanding of what it is and what it does. That is also the single biggest barrier to effective use of customer relationship management (CRM) software. According to the Content Marketing Institute , (CMI) which issues reports on the state of the content marketing),the use of content marketing as a strategy is growing and is prevalent in growing companies. However, only 39 percent of the companies reporting having a strategy are claiming to see results, which tracks well with the stat that 35 percent have a documented strategy.   To check those numbers, we approached more than 50 companies in the past year and asked them if they were doing and we focused ...

Marketing automation is a must for success, but you may need some help in figuring it out.

This will be the first of several posts on the value and application of third-party marketing automation software. We will cover several aspects of this to simplify your understanding including: The difference between CRM and marketing automation software (surprisingly, most people are wrong) How it helps your sales team (more than they might realize) How does it affect content (a LOT!) Where to find the ROI and prove it to the boss (easier than you might think) But in this first part, we are going to address the two biggest questions: Who should you use? Can you afford it? Who you should use There are dozens of providers of this software and over the past two years, Footwasher Media has been checking out about 20 of the top rated. There are as many lists rating them as there are providers being rated so they don’t offer much help. Most of the rating is based on the number of customers using the service and their revenue. We decided on a different set of criteria: what customers say a...

Journalism at a crossroads and corporations are a valid direction

Image
A corporation has a vested interest in growing the trust of their customer base. Without an independent voice outside of the company (as in the semiconductor industry) they can’t survive in the market with their typical marketing BS. They need to provide trusted content. The tech media world is all atwitter (pun intended) over the collapse of GigaOm yesterday. Yes, it was a loss. The site was one of the first of the tech blogs, it was among the most respected in a world filled with self-aggrandizing click baiters (e.g. The Verge, Venture Beat and Tech Crunch ), and it offered what may be the deepest, most thoughtful coverage of the tech world, from semiconductors to gaming. But it could not make enough money to stay alive, much less give back some of the $22 million it took in from investors. Above the wailing laments of the reading public is a steady drumbeat of independent tech journalists claiming they have discovered the secret of profitable journalism in the tech world. Among th...

Why do you exist?

I've written on this subject before but it bears some repeating. Explaining what you do, who you are and how you do what you do is not as important as being able to explain why you exist as a company. That seems fairly simple but I find very few companies that can do that well, if at all. Of course you know why your company exists. You've been eating, sleeping and bathing in the reason for a long time. To you it is fairly obvious now. The problem is, you are not explaining well enough it to the market. Before anyone will care about the who, what and how, you have to explain the why in terms they understand. We've been working with several companies dealing with this issue. They are not seeing the sales or leads they expected from their program. They blame the sales automation program, or the marketing department or "the stupid customers." In reality, when you take a look at their content, they are ready to work with people who have already bought their product or ...